Money

S&P/TSX composite up more than 500 points, U.S. markets also rise

By
The Canadian Press

Updated: 

Published: 

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TORONTO — Canada’s main stock index rose more than 500 points Friday to close out a volatile week as investors narrowed in on bond yields and the health of the Canadian economy.  

The S&P/TSX composite index was up 519.24 points at 35,664.62. 

In New York, the Dow Jones industrial average was up 423.31 points at 51,654.95. The S&P 500 index was up 46.18 points at 7,811.54, while the Nasdaq composite was up 172.83 points at 27,366.17.       

The Canadian dollar traded for 70.07 cents US compared with 70.22 cents US on Thursday.    

The November crude oil contract was up 36 cents US at US$91.85 per barrel. 

The December gold contract was up US$59.30 at US$4,216.30 an ounce.